AMD REAL ESTATE LLP


1 April 2022 false Taxfiler 2023.11 OC432343business:LimitedLiabilityPartnershipLLP2022-04-012023-03-31 OC4323432022-03-31 OC4323432022-04-012023-03-31 OC432343business:AuditExemptWithAccountantsReport2022-04-012023-03-31 OC432343business:FullAccounts2022-04-012023-03-31 OC4323432023-03-31 OC432343business:PartnerLLP32022-04-012023-03-31 OC432343business:PartnerLLP52022-04-012023-03-31 OC432343business:RegisteredOffice2022-04-012023-03-31 OC4323432022-03-31 OC432343core:WithinOneYear2023-03-31 OC432343core:WithinOneYear2022-03-31 OC432343core:RetainedEarningsAccumulatedLosses2023-03-31 OC432343core:RetainedEarningsAccumulatedLosses2022-03-31 OC432343business:SmallEntities2022-04-012023-03-31 OC432343countries:EnglandWales2022-04-012023-03-31 OC4323432021-04-012022-03-31 iso4217:GBP xbrli:pure
Registered No. OC432343 (England and Wales)
AMD Real Estate LLP Unaudited accounts for the year ended 31 March 2023
AMD Real Estate LLP LLP Information for the year ended 31 March 2023
Designated members
Mr Jonathan Sassoon Kelly
Mr Michael Narvid
Registered Number
OC432343 (England and Wales)
Registered Office
Hallswelle House 1 Hallswelle Road London NW11 0DH
Accountants
GK & CO. LLP Hallswelle House 1 Hallswelle Road London NW11 0DH
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AMD Real Estate LLP Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
4,676,432 
4,676,432 
Current assets
Debtors
1,111 
1,031 
Cash at bank and in hand
331,135 
230,777 
332,246 
231,808 
Creditors: amounts falling due within one year
(10,465)
(9,597)
Net current assets
321,781 
222,211 
Net assets attributable to members
4,998,213 
4,898,643 
Represented by:
Loans and other debts due to members
4,699,840 
4,745,486 
Members' other interests
Other reserves
298,373 
153,157 
4,998,213 
4,898,643 
Total members' interests
Loans and other debts due to members
4,699,840 
4,745,486 
Members' other interests
298,373 
153,157 
4,998,213 
4,898,643 
For the year ending 31 March 2023 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 18 December 2023.
Mr Jonathan Sassoon Kelly Designated member Limited Liability Partnership Registration No. OC432343
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AMD Real Estate LLP Notes to the Accounts for the year ended 31 March 2023
1
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Members' remuneration
Remuneration paid to members under a contract of employment is included as an expense in the profit and loss account. Other fixed amounts paid to members are also included within members' remuneration treated as an expense. Members' shares in the profit or loss for the year are accounted for as an allocation of profits. Unallocated profits and losses are included within 'other reserves'.
Investment property
Investment properties are revalued annually and any surplus or deficit is dealt with through profit and loss. No depreciation is provided in respect of investment properties.
2
Statutory information
AMD Real Estate LLP is a limited liability partnership, incorporated in England and Wales, registration number OC432343. Its registered office is Hallswelle House , 1 Hallswelle Road , London , NW11 0DH.
3
Investment property
2023 
£ 
Fair value at 1 April 2022
4,676,432 
At 31 March 2023
4,676,432 
4
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Other creditors
4,465 
5,097 
Accruals
6,000 
4,500 
10,465 
9,597 
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AMD Real Estate LLP Notes to the Accounts for the year ended 31 March 2023
5
Loans and other debts due to members
2023 
2022 
£ 
£ 
Loans from members
4,699,840 
4,745,486 
Amounts falling due within one year
4,699,840 
4,745,486 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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